Credit scores, Equifax or TransUnion?
But I don't know which agency to decide on. Any suggestions?
Nov 12th, 2008 5:50 pm
Nov 12th, 2008 6:08 pm
You might have to do both. Mine is 78 points different between the two, with Equifax being higher. My percentile is also 11% different between the two. That might be because MBNA and Royal Bank both had enquiries on Transunion just before I checked scores.
Nov 15th, 2008 5:26 pm
Nov 15th, 2008 6:26 pm
Really? The online transunion report (not free) gives you a nice table showing a graph of the last year for every account, showing each payment and by how much (if any) it was late.
Nov 15th, 2008 8:24 pm
Yep, I just did my annual credit report for free the other day (American) and the Transunion looks much nicer than the Experian one..
Nov 16th, 2008 2:52 am
Yes, but only for the last 2 years. If you have late payments to old for the graph, it will only say how late they are. Then you don't know when they will fall off your report. (Which happens at 6 years.)
Nov 16th, 2008 9:08 pm
Nov 16th, 2008 11:19 pm
Nov 17th, 2008 2:17 pm
Whenever you obtain credit, most creditors are members of Equifax. Some work with Transunion, it basically depends how their electronic system is set up. Some work only with Equifax, others will do both Equifax and Transunion. There's another credit bureau in Ontario owned by Experian called Northern Credit Bureau, but that's a small bureau and virtually no one uses it.